The Secure 2.0 Act was enacted on Dec. 29th of last year and contains a number of retirement and tax provisions. The Secure 2.0 provisions mostly focus on expanding coverage, increasing retirement savings, and simplifying and clarifying retirement plan rules, but there are a few other changes included as well.
The Journal of Accountancy has posted an extremely helpful article detailing the major provisions of the Secure 2.0 Act. We suggest giving the article a read if you have any questions or are curious about what the new act could mean to your retirement or taxes.
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